QUESTION 7 Suppose you have $20,000 total. If you put $14,000 in Stock A and the remainder in Stock B, what will be the expected return on your portfolio? State of Economy Probability Return on A Return on B Recession 0.2 -20% 30% Normal 0.5 10% 20% Boom 0.3 70% 50% a. 14.50% b.24.70% C. 10.90% d. 28.50% QUESTION 8 Following Question 7, what will be the standard deviation on your portfolio? a. 24.32% b.20.75% C. 18.01% d. 26.61%